Professional Office/Retail Condo For
315 Park Avenue #C Fort Lupton, CO 80621
315 Park Avenue #C, Fort Lupton, CO, 80621
$240,000
For Sale
$240,000
Professional office/retail condo in historic downtown Fort Lupton.
Property Size1,101 SF
Price / SF$217.98
Days on Market415
Property Features for 315 Park Avenue #C
General Information
- Standard status
- Active
- Size
- 1,101 SF
Building Details
- Year Built
- 1980
Listing Agency
RE/MAX MOMENTUM
(303) 517-0579
Listed by
CHARLES WESTRUM · License #EA.100034754
Source
Corcoran
Added: May 28, 2025 Checked: Mar 16 at 9:09 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX MOMENTUM
Investment Insights
Based on property information with market context.
This 1,101 square foot ground-floor condo unit is located in the Fort Lupton Professional Plaza. The space features four private offices, a large open conference/reception area, a kitchenette, and a private restroom. The building's front facade incorporates Spanish architectural elements. The property is centrally located in historic downtown Fort Lupton and is zoned O-R, which supports a range of professional uses, including medical, legal, financial, or service-based businesses. There are over 25 shared parking spaces available on-site. The association fees are under $150 per month. An adjacent unit with address 309 Park Ave, Unit B is also available for purchase to double the square footage. A month to month lease may be considered until the property sells.
Key Highlights
- Ground‑floor unit offering flexible space: four private offices, a large open area, kitchenette, and private restroom.
- Centrally located in historic downtown Fort Lupton, ideal for various professional businesses.
- Zoned O‑R, supporting a wide range of professional uses.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.8k | $18.00 |
| − Vacancy | −$1.1k | −$0.99 |
| EGI | $18.7k | $17.01 |
| − OpEx | −$4.7k | −$4.25 |
| NOI | $14.0k | $12.76 |
1,101 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$200.7K
$175.6K – $234.1K
NOI $14,046 @ 7.0% cap · market cap 5.85%
Second Best
Retail
$177.8K
$155.6K – $207.4K
NOI $12,444 @ 7.0% cap · market cap 5.19%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Professional office/retail condo in historic downtown Fort Lupton.
Where is this office units located?
The property is located at 315 Park Avenue #C Fort Lupton, CO.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Ground‑floor unit offering flexible space: **four private offices, a large open area, kitchenette, and private restroom.**; Centrally located in historic downtown Fort Lupton, ideal for various professional businesses.; Zoned O‑R, supporting a wide range of professional uses.
